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Sunday, July 4, 2010

hints and tips: corporate law











It is an error to say that " a corporation is an artificial person". It should be " artificial being" not "artificial person". Under the "doctrine of concession", the state grants it a separate and independent personality separate from that of its officers, board of directors, or employees. Consistent with the concept of "person" in the Civil Code.

A juridical person rather than a natural one.

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